The police found 50 million 1 peso coins in a warehouse in the Philippines, which have suffered from a shortage of small change for years. The central bank is calling for coin hoarding to be criminalised – but parliament passed such a bill in 2014. How come?
In the World Banknote Summit’s conference program a “must” topic is of course the learnings from the Covid-19 pandemic, but also digital currencies and the future of cash. The event will be held online from 22nd to 24th November 2021 and registrations are open.
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